Tuesday, Nov 03, 2009

UK Commercial Property Market Flooded by Foreign Investors

E1 News: UK Commercial Property Market Flooded by Foreign Investors

Property and investment experts are determined that the sector of UK commercial property might soon face fierce competition from funds looking to buy prime properties, which are expected to come onto the market in the next couple of years.
In particular, the British market of commercial property seems attractive to foreign investors. Mr. James Thornton, Mayfair Capital Investment Management’s founder, explains that the UK commercial property market became extremely liquid for overseas investors not only because property values dropped by as much as 45%, but also because sterling pound fell against the euro, the US dollar, and the yen.

Posted by uch1405 @ 09:04 AM (808 views)
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2 Comments

1. tyrellcorporation said...

Bloody hell! what's left for the average Brit? The price of these assets has largely remanined the same for the beleagured UK buyer but they represent a bargain for foreigners. We'll soon be renting our houses from large foreign owned REITs and paying for lighting and heating to large foreign owned power generators and drinking water purified by large foreign owned utility companies. Oh, and driving foreign cars whilst eating imported food.

better ramp up the QE to pay for it all!

Tuesday, November 3, 2009 11:29AM Report Comment
 

2. greenshootsandleaves said...

Supreme advice from what appear to be BTL experts: Get in quick before those German (or Japanese or US) towels are draped over our skyscrapers!

Tuesday, November 3, 2009 04:09PM Report Comment
 

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